This popular FX pair is moving back towards 160 – a price area which triggered the largest-ever intervention by the Japanese government on its currency. Traders will be keeping one eye on intervention risks.
USDJPY could see a greater-than 3000 point move in what might be this FX pair's most volatile week so far in 2024! Key events before the weekend could jolt USDJPY within the 151.90 – 159.00 range, amidst the rising threat of government intervention.
This popular FX pair is moving back towards 160 – a price area which triggered the largest-ever intervention by the Japanese government on its curre...
USDJPY could see a greater-than 3000 point move in what might be this FX pair's most volatile week so far in 2024! Key events before the weekend could...
USDJPY
Japanese Yen
Bank of Japan
GDP
PCE
inflation
Federal Reserve
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